NFT market cap hits $9.3B, fueled by Ether surge

    The non-fungible token (NFT) sector surged to a market capitalization of more than $9.3 billion as Ethereum-based collections increased along with the price of Ether. NFT data tracker NFT Price Floor showed on Wednesday that the overall market capitalization for NFT collections had hit $9.3 billion, a 40% uptick from July. According to DappRadar data, NFTs had a…

    BitGo backs Central Asia’s first spot Bitcoin ETF in Kazakhstan

    BitGo, a US-regulated crypto custodian, will safeguard assets for Central Asia’s first spot Bitcoin exchange-traded fund (ETF), which debuted Wednesday on the Astana International Exchange in Kazakhstan. The Astana International Exchange (AIX), a stock exchange operating within the Astana International Financial Centre (AIFC) framework, announced the listing of the Fonte Bitcoin Exchange Traded Fund (BETF) on Wednesday….

    Metaplanet outperforms Japan’s most liquid blue-chip stocks in 2025

    Bitcoin-focused investment company Metaplanet has surged almost 190% year-to-date (YTD), leaving Japan’s largest and most liquid blue-chip companies in its wake. On Wednesday, Metaplanet released its earnings report for the second quarter of 2025. The report showed that the company’s YTD performance dwarfed the 7.2% average gain posted by the Tokyo Stock Price Index (TOPIX) Core 30,…

    OpenEden taps BNY Mellon to manage tokenized US Treasury assets

    Real-world asset (RWA) tokenization platform OpenEden partnered with The Bank of New York Mellon Corporation (BNY Mellon) to manage and custody the underlying assets of its flagship tokenized US Treasury product, TBILL. OpenEden announced the partnership Wednesday, bringing one of Wall Street’s largest and oldest custodians into the growing market for tokenized Treasurys. OpenEden said…

    USDC issuer Circle to launch new layer-1 Arc blockchain this year

    Circle, a publicly traded US company and the issuer of USDC stablecoin, said it will launch a layer-1 (L1) blockchain compatible with the Ethereum Virtual Machine (EVM) later this year. The company released its second-quarter results on Tuesday and announced the introduction of Arc, a new network designed to offer an “enterprise-grade foundation” for stablecoin payments, foreign…

    Blockchain set to eliminate complexity in Web3 with 2025 roadmap

    Algorand’s roadmap for 2025 translates its core principles into concrete initiatives, including a community-led grant program and a user-friendly cryptocurrency wallet. Blockchain technology was built on a set of ideals, such as decentralization, community governance and sustainability. However, the industry is not strange to projects that discard these foundational ideals for short-term gains. Algorand, a…